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    Jean-Philippe Bertschy

    Managing Director and Senior Equity Research Analyst at Vontobel

    Jean-Philippe Bertschy is a Managing Director and Senior Equity Research Analyst at Vontobel, specializing in the Consumer Goods and Retail sectors with particular expertise in European food and beverage companies. He actively covers major corporations such as Nestlé, Danone, Lindt & Sprüngli, and Barry Callebaut, and has established a robust research track record marked by a TipRanks analyst ranking in the top 10% with a success rate near 69% and average returns of over 8% per recommendation. Bertschy began his finance career in the early 2000s at Julius Baer and held analyst roles at Bank Sarasin before joining Vontobel in 2012, where he has progressed to his current leadership position. He holds a CFA charter and is licensed under FINMA and registered with the Swiss financial regulatory authorities, underscoring his strong analytical credentials and industry recognition.

    Jean-Philippe Bertschy's questions to Barry Callebaut AG/ADR (BRRLY) leadership

    Jean-Philippe Bertschy's questions to Barry Callebaut AG/ADR (BRRLY) leadership • Q2 2023

    Question

    Jean-Philippe Bertschy of Vontobel inquired about the impact of recent management changes on the leadership of the crucial Gourmet division and questioned the company's M&A strategy, especially in light of competitor activity.

    Answer

    CFO Ben De Schryver assured that a strong team remains in place to lead the Gourmet division, which continues to be a key growth driver. Regarding M&A, he stated that the company carefully evaluates opportunities but prioritizes its proven ability to grow organically at the right price. CEO Peter Feld added that any potential M&A must align with the company's strategic purpose and that he has experience with various forms of business partnerships.

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